One breach shouldn't end your prop trading journey. First For Traders covers your evaluation fees and rewards disciplined trading — so you can keep going.
The Process
From application to protected in under 24 hours. Straightforward, transparent, built for traders.
Fill out a short application with your prop firm details and account info. Takes under 3 minutes.
Our team reviews your application and sends you a personalised coverage quote within 24 hours.
Accept the quote and pay securely via the Stripe link we send you. Your coverage activates the moment payment clears.
Submit a claim if your account breaches. Meet your KPIs and receive your payout — often same day.
Why First For Traders
We operate independently from every prop firm so you get unbiased, trader-first protection wherever you trade.
When you trade responsibly and meet your KPIs, your claim is approved. No unnecessary rejections.
Submit a claim and receive your payout within 24 hours. No weeks of waiting, no chasing support.
Every trader is different. We review your application individually and quote based on your account and risk profile.
Your KPI checklist is transparent. You know exactly what's required before you trade, with no surprises at claim time.
FTMO, Apex Trader Funding, TopOneTrader, FundedNext — it doesn't matter where you trade. Our coverage works across all major firms worldwide.
Cancel anytime. Your coverage stays active until the end of your billing period — no penalties, no fees.
What We Cover
Whether you breach your drawdown or hit a rough streak, First For Traders has a payout path for you — as long as you trade with discipline.
Breach your challenge? We refund your evaluation fee — up to 150% on higher plans.
Get back more than you paid. Premium and Elite members receive a coverage bonus on top of their full fee refund — even when the challenge fails.
Premium and Elite plans extend coverage to your funded accounts, not just evaluations.
Higher plans let you claim more than once. One bad week doesn't end your protection.
Coverage Plans
Essential Edge
For traders entering their first evaluation who want a reliable safety net.
Premium Edge
For active traders wanting evaluation and funded account protection with profit upside.
Elite Edge
For high-volume traders running multiple accounts who need the highest level of coverage.
Recovery Calculator
Adjust the inputs below to see exactly how much First For Traders would have saved you — across real breach scenarios.
Challenge breach: fee refunded + coverage bonus. Profit share does not apply at this stage.
Your Estimated Recovery
across 3 accounts
Estimates based on KPI-compliant claims. Funded profit share subject to per-tier caps. Actual payouts confirmed in your quote.
Real Traders, Real Results
No marketing copy. These are real traders describing real claims.
"Lost my $200K FTMO on a Tuesday morning — overtraded after a bad NFP setup. Submitted the claim that same evening, had a reply by Wednesday asking for my account screenshots and trade history. By Thursday the fee was back. I honestly expected weeks of back and forth."
"Three weeks into my challenge, account was looking good — up over $2k, consistent entries, nothing wild. Then NFP Friday happened and I got caught on the wrong side. Session closed, account gone. I'd completely forgotten I even had the coverage until I saw the email in my inbox. Submitted everything, they came back within hours. Got the full fee back plus the coverage bonus on top. Walked away with more than I lost. Wasn't expecting that at all."
"Was pretty sceptical going in — feels like a lot of these protection products are just insurance scams in different clothing. But I asked a specific question about lot sizing and drawdown calculation before signing up and got a proper answer, not just a copy-paste. When I eventually claimed, the team knew what they were looking at. Approved by the next morning."
"The biggest change for me was psychological. Knowing I'd get the fee back meant I stopped trading scared after a drawdown. My win rate actually improved in the three months after I got covered. It's hard to explain until you feel it — you trade your plan instead of trying to claw back losses."
The Honest Truth
You're one breach away from losing everything you put in. Here's what trading with and without First For Traders actually looks like.
|
Without FFT
Prop Firm Only
|
FFT
With First For Traders
Protected Trader
|
|
|---|---|---|
| When you breach your account | You lose your entire challenge fee. Start over from zero. | Your fee is refunded — up to 150%. You restart without financial loss. |
| Profits made before breach | Gone. The prop firm keeps every dollar you made during the challenge. | You get back more than you paid — challenge bonus on top of full fee refund. Funded profits protected separately. |
| Psychological impact of a breach | Devastating. Traders often quit or revenge trade after a breach. The financial loss compounds the emotional one. | Manageable. Knowing your fee is covered means you trade your plan — not your fear. |
| Time to restart after breach | Weeks or months. You need to save up the fee again before re-entering. | Days. Your refund arrives within 24 hours of approval. You're back in the market fast. |
| Prop firm accountability | None. The firm keeps your fee regardless of how well or consistently you traded. | Covered. FFT verifies your KPI compliance and pays out regardless of what the prop firm decides. |
The FFT Community
Protection is just the foundation. At First For Traders, we believe the best claim is the one you never have to make — because you had the knowledge, the support, and the community around you to succeed. When our traders win, we win. That's not a slogan — it's how we're built.
Every FFT member gets access to a growing ecosystem of tools, mentorship, and accountability designed around one goal: keeping you funded, growing, and profitable.
Get paired with an experienced funded trader who's been through exactly what you're facing. Work through your strategy, your psychology, and your risk management with someone who understands the prop firm game from the inside.
The biggest reason traders blow accounts is emotional decision-making in isolation. We match you with an accountability partner — another FFT member at a similar stage — to check in on each other's trading discipline weekly.
Regular group coaching sessions covering risk management, trading psychology, prop firm strategy, and KPI optimisation. All sessions are recorded and available to every FFT member — whenever you need them.
Access to trade journaling templates, KPI tracking spreadsheets, and pre-trade checklists built specifically for prop firm environments. Know exactly where you stand on your metrics before you ever submit a claim.
A members-only space on Discord where traders share setups, discuss prop firm updates, and support each other through the highs and lows. No noise, no signal sellers — just serious traders focused on staying funded.
We actively research what makes traders succeed and fail across different prop firms. Our findings are shared with the community — new prop firm rule changes, payout updates, strategy shifts — so you're always ahead of the curve.
FAQ
Submit your application with details about the prop firm, account size, and plan you're interested in. Our team reviews it and sends you a personalised quote within 24 hours. Once you accept the quote and complete payment via Stripe, your coverage activates immediately. You'll receive a confirmation email with your coverage details and KPI checklist.
We cover most major prop firms including FTMO, Apex Trader Funding, TopOneTrader, FundedNext, MyForexFunds, The5%ers, and many others. Coverage eligibility is confirmed at the quote stage — if you're unsure whether your firm is covered, mention it in your application and we'll confirm within 24 hours.
Essential Edge has a 30-day waiting period before fee refund claims. Premium Edge has a 30-day wait for fee refunds and 45 days before funded account profit share kicks in. Elite Edge has a 7-day wait for fee refunds and 14 days for funded profit share — offset by the 3-month minimum commitment. All covered accounts must have been opened after your FFT activation date.
KPI-compliant claims are reviewed within 24 hours of submission. Once approved, payouts are processed via Stripe within 1–2 business days. You'll receive an email notification at each stage of the review. If we need additional documentation, we'll contact you within the same review window.
KPI requirements include minimum profit factor, maximum daily drawdown adherence, minimum trading days, and consistent lot sizing — among others. Full details are provided in your KPI checklist at activation. You can also review the KPI Checklist page before applying to understand what's expected.
The coverage bonus is a fixed uplift on top of your fee refund — calculated as a percentage of the fee you paid. It applies on challenge breaches and is always paid in full regardless of your trading performance (provided KPI minimums are met). Profit share is different — it's a percentage of the actual profits you made during a funded account period before breach. Profit share only applies at the funded stage on Premium and Elite plans, and is subject to per-tier caps.
Yes. Premium Edge covers evaluation and funded accounts, and Elite Edge is designed specifically for multi-account traders running up to $1M+ in simultaneous coverage. The number of accounts and total coverage amount are confirmed in your personalised quote.
You can cancel at any time. Coverage remains active until the end of your current billing period — you won't be charged again after cancellation. If you reinstate coverage later, both waiting periods restart from the new activation date. Elite members have a 3-month minimum commitment before cancellation is available.